Well, we can’t buy Chinese stocks at the moment, but I’d also recommend maybe short-selling American businesses that have Chinese competitors. Doing that is pretty much a bet on whether or not Dems win the senate. Markets are pretty confident in a republican senate which is why you see it stable at the moment. That will change with a dem win.
A Biden administration will only be a positive thing for China. You can probably chill in the realty trust funds though and collect those dividends which are being funded by stimulus and China buying up our land.
Very very scary time we’re living in. You can thank the boomer generation for selling out our children to China for generations and generations to come.
Do not sell unless you are retiring this year. The market goes up over the long term and you will be shooting yourselves in the foot. Tax implications and loss of dividends alone make this advice unsound. If you are retiring this year, yes, move it to bonds or something less risky.
Leave your 401k alone and let it grow. You'll thank me in ten years. My portfolio is fine, and I used the last crash to buy more at a YUGE discount. Keep your emotions out of your investments.
You're going to need more than that my friend. It's fun to say what you're saying but that shit show did in fact start under Bush. Not saying you're wrong but this is not enough to get me out of the market personally.
Thank you for the heads up, I really appreciate the time you took to get back to me. I was still young back then, but I also thought that there was an issue with banks over extending credit to everyone as well, setting up a housing disaster.
I honestly figured Joe Biden would aim for the great economic reset and very few businesses will survive before the real life hunger games came about. I am a novice day trader so like I said, I appreciate your post.
Well, we can’t buy Chinese stocks at the moment, but I’d also recommend maybe short-selling American businesses that have Chinese competitors. Doing that is pretty much a bet on whether or not Dems win the senate. Markets are pretty confident in a republican senate which is why you see it stable at the moment. That will change with a dem win.
A Biden administration will only be a positive thing for China. You can probably chill in the realty trust funds though and collect those dividends which are being funded by stimulus and China buying up our land.
Very very scary time we’re living in. You can thank the boomer generation for selling out our children to China for generations and generations to come.
Do not sell unless you are retiring this year. The market goes up over the long term and you will be shooting yourselves in the foot. Tax implications and loss of dividends alone make this advice unsound. If you are retiring this year, yes, move it to bonds or something less risky.
Leave your 401k alone and let it grow. You'll thank me in ten years. My portfolio is fine, and I used the last crash to buy more at a YUGE discount. Keep your emotions out of your investments.
Yes, gas will probably go sky high.
You're going to need more than that my friend. It's fun to say what you're saying but that shit show did in fact start under Bush. Not saying you're wrong but this is not enough to get me out of the market personally.
Why?
Lol what?
Sorry could you explain why? Or how you know pls
Thank you for the heads up, I really appreciate the time you took to get back to me. I was still young back then, but I also thought that there was an issue with banks over extending credit to everyone as well, setting up a housing disaster.
I honestly figured Joe Biden would aim for the great economic reset and very few businesses will survive before the real life hunger games came about. I am a novice day trader so like I said, I appreciate your post.
What about 401k? How should we move our investments around? What sectors should be heavier percentage-wise??
How about wait until at least January 7th.
Probably not a bad idea in fact, but what is your basis for saying so? Nice graph for whatever it's worth.